Clinton Says U.S. Worries of Renewed Euro Zone Recession

Secretary of State Hillary Clinton said the U.S. is concerned that the euro zone’s economy “is slipping back into recession as austerity policies take effect.”

The top U.S. diplomat said yesterday that France and Germany are “beginning to show signs of slowdown” and “it’s vital to the entire global economy that European leaders move toward policies that promote credible and sustainable growth and create jobs.”